First Financial amends SERP to raise executive deferral limit to 25% of base comp plus 401(k) excess

FIRST FINANCIAL BANKSHARES INC

Board approved SERP amendment on July 26, 2022, effective for deferrals from base compensation in calendar years starting on or after January 1, 2023.
Eligible participants may defer up to 25% of base compensation plus any 401(k) excess contributions returned due to Section 415 limits.
The amendment restates the plan in its entirety; no other material changes were disclosed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.